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Nov 29, 2012
11/12
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KPIX
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wall street got a boost from the fiscal cliff talks. dow added 106 points after being down triple digits earlier in the day. nasdaq gained 23 points. the u.s. economy is growing at a steady pace according to the latest report from the federal reserve. the so-called beige book survey shows a pickup in consumer spending and home sales in october and early november. economic growth improved in nine of the 12 federal reserve districts but superstorm sandy hampered growth in the northeast. could the dollar bill be going the way of the doo-doo. a congressional panel is once again calling for the u.s. to stop printing singles and switch entirely to dollar coins. the nonpartisan panel believes it could save taxpayers money. it's more expensive to produce coins but they last about six times longer than paper bills. and you'll need some extra coins to buy starbucks latest. the coffee king is selling a new brew that will set you back $7 for a grande cup. it's made from a rare been grown in costa rica. if you want to brew a cup at home, a bag of th
wall street got a boost from the fiscal cliff talks. dow added 106 points after being down triple digits earlier in the day. nasdaq gained 23 points. the u.s. economy is growing at a steady pace according to the latest report from the federal reserve. the so-called beige book survey shows a pickup in consumer spending and home sales in october and early november. economic growth improved in nine of the 12 federal reserve districts but superstorm sandy hampered growth in the northeast. could the...
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Nov 14, 2012
11/12
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KNTV
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there was talk of fiscal cliff. we have no cia director. benghazi's still around, the israelis took out the head of hamas today. then john mccain said if the president puts up his u.n. ambassador, susan rice, to replace hillary clinton as secretary of state she will be blocked, they'll do everything in their power that's where the president today almost conjuring the wording of aaron sorkin from the movie "american president" as will be pointed out all day really decided throwdown. >> this is president andrew shepherd coming through in the east room of the white house. this was president obama saying if nyou want to pick a fight, yu come after me, john mccain and lindsey graham. don't come after susan rice. it was dramatic. he is angry. they feel susan rice is being unfairly blamed, that she was working off of talking points from the intelligence community. >> this just in from lindsey graham, mr. president, don't think for one minute i don't hold you ultimately responsible for benghazi. i think you failed as commander in chief before, duri
there was talk of fiscal cliff. we have no cia director. benghazi's still around, the israelis took out the head of hamas today. then john mccain said if the president puts up his u.n. ambassador, susan rice, to replace hillary clinton as secretary of state she will be blocked, they'll do everything in their power that's where the president today almost conjuring the wording of aaron sorkin from the movie "american president" as will be pointed out all day really decided throwdown....
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Nov 18, 2012
11/12
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WRC
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plus, some of the fiscal cliff talks will concern raising the age for medicare and even social security. we need to put off retirement even longer? join me with a great roundtable. now for a look at what's coming up on "meet the press. >> thanks, chris. good morning, richard and angie. obama administration national security team under fire over the petraeus affair and battle over benghazi. this morning, the key voices on "meet the press"ful intelligence chairs of house and senate. mike rogers, dianne feinstein join me, also lindsey graham, south carolina republican leading the charge against the president's u.n. ambassador, susan rice is a nominee for secretary of state. all of this happening while the president is trying to get something done with congress over avoiding the fiscal cliff. and the future of the republican party. all coming up on "meet the press." and after the program, my press pass program with an inside look at lincoln with president historian fdoris kaernz good wi. >>> a man diagnosed with cancer and given just weeks to live finds solace at church. not in the way you
plus, some of the fiscal cliff talks will concern raising the age for medicare and even social security. we need to put off retirement even longer? join me with a great roundtable. now for a look at what's coming up on "meet the press. >> thanks, chris. good morning, richard and angie. obama administration national security team under fire over the petraeus affair and battle over benghazi. this morning, the key voices on "meet the press"ful intelligence chairs of house and...
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Dec 24, 2012
12/12
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MSNBCW
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let's talk about the fiscal cliff. are wire going e going to get a? >> we're going to get a small deal. it's a shame. you wonder is the only thing that could change things, the holidays, does it change boehner's mind? i think the president is making a mistake to make pa small deal. he should try one more time for the big deal. you had nearly 200 house republicans about to vote to raise taxes on millionaires. that means could you get it up from 400 to 750? a deal is within reach. he's got to figure out -- i think go one more time. they seem to have had it and they don't want to try boehner one more time but i think they're making a big mace take. -- making a big mistake. >> congressman, if he puts down a bill that requires democrats to get it pass, there will be a revolt. >> my frustration is with the democrats because the house republicans, our conscience is clear. in august we passed a bill to extend all of the tax rates. we did deal with the fiscal cliff issues weeks have passed that. it's harry reid and the president that have yet to come up with s
let's talk about the fiscal cliff. are wire going e going to get a? >> we're going to get a small deal. it's a shame. you wonder is the only thing that could change things, the holidays, does it change boehner's mind? i think the president is making a mistake to make pa small deal. he should try one more time for the big deal. you had nearly 200 house republicans about to vote to raise taxes on millionaires. that means could you get it up from 400 to 750? a deal is within reach. he's got...
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Dec 30, 2012
12/12
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FOXNEWSW
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. >> when people talk about the fiscal cliff most of the attention is about taxes going up and that being the so called fiscal cliff but the other side of that cliff is that the massive spending cuts automatic cuts are kicking in at the beginning of next year. largely targeted at the pentagon. and what is interesting is all of this deal making we are talking about on capitol hill would really just focus on unemployment benefits and tax side of the cliff as i mentioned and most of deals it appears would not shut off the so called sequester that would hit the pentagon. on "fox news sunday" senator lindsey graham told chris wallace he got a call from the defense secretary suggesting these cuts are coming. lake a listen. >> i was called by leon panetta at 7:30 during dinner. >> secretary of defense. >> this is the failure of the supercommittee to find $1.2 trillion in cuts. half of the 1.2 falls on defense who already cut. he says if we do this we will shoot the defense department in the head and send out 800,000 layoff notices the beginning of the year. he is worried to death if we don't fix
. >> when people talk about the fiscal cliff most of the attention is about taxes going up and that being the so called fiscal cliff but the other side of that cliff is that the massive spending cuts automatic cuts are kicking in at the beginning of next year. largely targeted at the pentagon. and what is interesting is all of this deal making we are talking about on capitol hill would really just focus on unemployment benefits and tax side of the cliff as i mentioned and most of deals it...
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Dec 14, 2012
12/12
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i think it is a real incentive for republicans on the hill on the fiscal cliff talks or whatever it might be, not to overestimate the president's political power. jon: she wrote one other thing that caught my eye. she said, after the despicable terrorist attacks that took the lives of four colleagues in benghazi our bought must work through serious questions and bring the perpetrators to justice. we must strengthen security at our diplomatic posts and improve intelligence in a volatile middle east. is that a bit like closing the barn door after the horses escaped? >> exactly. that is what senator graham and others have been saying. they will continue to press the investigation on benghazi. why the requests for enhanced security before the attack on september the 11th not granted? why were we unable to do anything on the september the 11th and where did the administration come up with the story that the terrorist attack was somehow connected to the mohammed video? in a way i think susan rice's withdrawal of her secretary of state candidacy really clears a way potential obstacle. now there
i think it is a real incentive for republicans on the hill on the fiscal cliff talks or whatever it might be, not to overestimate the president's political power. jon: she wrote one other thing that caught my eye. she said, after the despicable terrorist attacks that took the lives of four colleagues in benghazi our bought must work through serious questions and bring the perpetrators to justice. we must strengthen security at our diplomatic posts and improve intelligence in a volatile middle...
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Nov 14, 2012
11/12
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MSNBCW
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>> well, obviously, we can all imagine a scenario where we go off the fiscal cliff. if despite the election, if despite the dangers of going over the fiscal cliff and what that means for our economy that there's too much stubbornness in congress that we can't even agree on giving middle class families a tax cut, then middle class families end up having a big tax hike and that's a pretty rude shock for them and i suspect we'll have a big impact on the holiday shopping season, which in turn will have an impact on business planning and hiring and we can go back in to a recession. it would be a bad thing. it is not necessary. so i want to repeat. step number one that we can take in the next couple of weeks, provide certainty to middle class families, 98% of families who make less than $250,000 a year, 97% of small businesses that their taxes will not go up a single dime next year. give them that certainty. right now. we can get that done. we can then set up a structure whereby we're dealing with tax reform, closing deductions, closing loopholes, simplifying, dealing with
>> well, obviously, we can all imagine a scenario where we go off the fiscal cliff. if despite the election, if despite the dangers of going over the fiscal cliff and what that means for our economy that there's too much stubbornness in congress that we can't even agree on giving middle class families a tax cut, then middle class families end up having a big tax hike and that's a pretty rude shock for them and i suspect we'll have a big impact on the holiday shopping season, which in turn...
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Dec 24, 2012
12/12
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WRC
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the fiscal cliff talks, cabinet changes, what will define president obama's agenda at the first of the year? to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or there's no dessert. this invitation is brought to you by bp and all of us who call the gulf home. to practice math mor
the fiscal cliff talks, cabinet changes, what will define president obama's agenda at the first of the year? to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the...
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Nov 17, 2012
11/12
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>> first, obviously, the fiscal cliff that you're talking about is the big thing on his plate right now. it will determine so much what happens after that. i think the big possibility that could sort of rival health care which was the big accomplishment in the first term, for all of the problems that he had, it would be immigration reform. he talked a good bit about that in the news conference. it would be a big, big achievement that past presidents have not been able to do. one thing that might help is because of the political reasons we were just talking about, republicans might start getting onboard. we still got a lot of details to go, but that might be the big new goal for that term. gwen: chuck, what president obama will we see in the second term? he is criticized sometimes for being cool and remote, reaching out this weekend, which one? >> he is still no drama obama. so i don't think you'll see a change in personality. one thing he has learned and we're seeing it now in the fiscal cliff, don't sit back and wait for congress. that happened early on in the health care negotiations.
>> first, obviously, the fiscal cliff that you're talking about is the big thing on his plate right now. it will determine so much what happens after that. i think the big possibility that could sort of rival health care which was the big accomplishment in the first term, for all of the problems that he had, it would be immigration reform. he talked a good bit about that in the news conference. it would be a big, big achievement that past presidents have not been able to do. one thing...
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Dec 1, 2012
12/12
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there is new intrigue in the fight over the fiscal cliff talks today. both sides have messages out this morning that seem to echo the same old position. this on the heels of president obama holding a campaign-style event in suburban philadelphia to sell his solution. he said if congress does not extend the bush tax cuts for the middle class, everyone's taxes will go up january 1st. >> i'm assuming that doesn't sound too good to you. that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> meanwhile house speaker john boehner says the latest proposal from the white house would cripple the economy. the plan calls for a boost in revenue by $1.6 trillion over the next decade. >> they want to have this extra spending that's actually greater than the amount they're willing to cut. i mean it's, it's -- not a serious proposal. so right now we're almost nowhere. >> >> mike viqueira joins us live from the white house. where is almost nowhere? >> it's inside the beltway and it's business as usual. it's also december 1st, alex, and
there is new intrigue in the fight over the fiscal cliff talks today. both sides have messages out this morning that seem to echo the same old position. this on the heels of president obama holding a campaign-style event in suburban philadelphia to sell his solution. he said if congress does not extend the bush tax cuts for the middle class, everyone's taxes will go up january 1st. >> i'm assuming that doesn't sound too good to you. that's sort of like the lump of coal you get for...
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Dec 31, 2012
12/12
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MSNBCW
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i have a feeling he might be involved in the fiscal cliff talks? maybe. you're watching "the daily rundown." it's only on msnbc. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more flash. [ southern accent ] 50 percent more taters. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. 50% more spy stuff. what's in your wallet? this car is too small. >>> while congress has been arguing over the fiscal cliff, the next big battle has already arrived. treasury secretary tim geithner says government borrowing hits the debt ceiling today. with me now, former new hampshire republican senator judd gregg. he's currently co-chairman of the campaign to fix the debt. senator, let's -- i want to start 50,000 feet, and we'll move down clos
i have a feeling he might be involved in the fiscal cliff talks? maybe. you're watching "the daily rundown." it's only on msnbc. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more flash. [ southern accent ] 50 percent more taters. that's where tots come from. [ male announcer ] the capital one cash rewards card...
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Dec 6, 2012
12/12
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CURRENT
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there is plenty of data to show that people don't even know what the fiscal cliff is. it shrinks rather than expands it. you don't spend. anti-keynesian has become the same politician involved in marriage and-- >> eliot: i distinguish between the two, the theological strand of the party is more of the social, same-sex marriage. >> i don't think there is as much distinction as you think there is. >> eliot: the second category, the tea part i began as economic empowerment. you're right. folks who say get government out of medicare, there is no logic to what they're saying. do youdo you buy it, but boehner is trying to harness and hold together that is fraught with inconsistencies. >> well, first of all i agree with sam. i think-- >> eliot: am i outvoted? i'm not sure that i like this. >> it's a distinction without a difference in the first two groups, and i don't think there is a third group left not with any power. do i think boehner is trying to rein in his caucus by sending a couple of rookie pitchers down to aa? if john boehner wanted control of his caucus he could d
there is plenty of data to show that people don't even know what the fiscal cliff is. it shrinks rather than expands it. you don't spend. anti-keynesian has become the same politician involved in marriage and-- >> eliot: i distinguish between the two, the theological strand of the party is more of the social, same-sex marriage. >> i don't think there is as much distinction as you think there is. >> eliot: the second category, the tea part i began as economic empowerment....
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Nov 18, 2012
11/12
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FOXNEWS
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headed into friday, fiscal cliff talks with congressional leaders, president obama gave us a hit list of his negotiations strategies, repeating his intention to immediately raise tax rates on top earners. >> when it comes to the top 2%, what i'm not going to do is to extend further a tax cut for folks who don't need it which would cost close to a trillion dollars and it's very difficult to see how you make up that trillion dollars if we're serious about deficit reduction, just by closing loopholes and deductions. the math tends not to work. >> paul: but does the president's math add up? let's ask wall street journal columnist bill mcguerin, and analyst steve moore and washington columnist kim strassel. so, kim, the president won reelection, was this the hand of magnimty reaching out to the republicans? >> it's crazy, it's what the president says all the time. if you listen to the press conference, he seems to say the biggest wish list for his liberal partisans has become docile letting these tax rates expire. while the republicans have moved, they are offering revenue, this is a chang
headed into friday, fiscal cliff talks with congressional leaders, president obama gave us a hit list of his negotiations strategies, repeating his intention to immediately raise tax rates on top earners. >> when it comes to the top 2%, what i'm not going to do is to extend further a tax cut for folks who don't need it which would cost close to a trillion dollars and it's very difficult to see how you make up that trillion dollars if we're serious about deficit reduction, just by closing...
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Nov 29, 2012
11/12
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FOXNEWSW
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james carney said the president is now open to spending cuts being part of the fiscal cliff talks. yesterday, the president suggested the tax changes now can be done and spending changes next year and the republicans say, not so were. second, a phone call teen the -- between the president and speaker boehner and carney said the president laid out any deal has to have an increase in tax rates but he would not be specific suggesting there is flexibility. the top rate does nut have to be 39.6 back from clinton, but something to get a deal jump started. mitt romney was here for lunch the first meeting since after the election and it was awkward and the menu included turkey chili and a white house readout said they promised to "keep in touch" if the opportunity arises where their interests intersect, maybe another way of saying not so much. >>neil: turkey chili. >>guest: healthy. >>neil: it is. and you are healthy. they are not close to a deal? they aren't close to a deal? what is the deal? we don't know. when we get a deal, and they will, it will be because of something we don't see, n
james carney said the president is now open to spending cuts being part of the fiscal cliff talks. yesterday, the president suggested the tax changes now can be done and spending changes next year and the republicans say, not so were. second, a phone call teen the -- between the president and speaker boehner and carney said the president laid out any deal has to have an increase in tax rates but he would not be specific suggesting there is flexibility. the top rate does nut have to be 39.6 back...
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Dec 1, 2012
12/12
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MSNBCW
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fiscal cliff talks are they a nonstarter? >> i tell you, you listen to everything that is being said publicly. you see the president there. it's clear that the election, yes, is over. but the campaign goes on here. you know, i really believe that there two things that are clear from the white house to republicans. we are still in preliminary stages here, which is the good news, considering they are far apart. number two, the white house clearly feels it has the upper hand. it came with the $1.6 billion in new revenues and that's twice what the president was talking about before the election. republicans, obviously, rejecting it out of hand. we all heard by now republican leader in the senate mitch mcconnell laughed at it. there you see some of the provisions there. $600 billion in savings. some of it from medicare, another 50 billion in spending and new spending on infrastructure and stimulus spending. that's something that republicans aren't going to want to go to. the two sides are far apart. here we are on december 1st, th
fiscal cliff talks are they a nonstarter? >> i tell you, you listen to everything that is being said publicly. you see the president there. it's clear that the election, yes, is over. but the campaign goes on here. you know, i really believe that there two things that are clear from the white house to republicans. we are still in preliminary stages here, which is the good news, considering they are far apart. number two, the white house clearly feels it has the upper hand. it came with...
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Dec 9, 2012
12/12
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WJLA
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so much to talk about, the fiscal cliff, jobs numbers, the state of the economy who better to talk about it than robert reich and current economics professor at the berkeley. let's talk about the numbers. on friday the surprisingly strong jobs numbers, 146,000 new jobs created. the unemployment rate 7.7%. we were expecting impact from superstorm sandy and earlier thanksgiving. what do these numbers say about the economy? >> apparently we are still struggling. they are not hugely wonderful numbers. i don't think that anyone should breathe a sigh of relief but we are undoubtedly moving in the right direction. early thanksgiving may have cancelled out negative effects of sandy. the bureau of statistics said sandy didn't have much of an affect in november. >> think we will see revisions next month. >> every month we are seeing reing visions and so far they have been downward. the revisions for october and september were both downward slightly. so i wouldn't be surprised if we see downward revisions coming up. >> the other big story is the fiscal cliff. can you help us read the tea leaves her
so much to talk about, the fiscal cliff, jobs numbers, the state of the economy who better to talk about it than robert reich and current economics professor at the berkeley. let's talk about the numbers. on friday the surprisingly strong jobs numbers, 146,000 new jobs created. the unemployment rate 7.7%. we were expecting impact from superstorm sandy and earlier thanksgiving. what do these numbers say about the economy? >> apparently we are still struggling. they are not hugely wonderful...
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is headed off the fiscal cliff after talks broke down last night congress is headed home for christmas vacation so tonight it will shine a light on the one hundred twelfth congress one that's being called the worst ever . it's friday december twenty first five pm in washington d.c. i'm meghan lopez and you're watching our t.v. . well it's that time of the year again time to wrap up the christmas gifts have someone sit on the suitcase so you can get it closed and head to the airport to wait and never ending security lines but two new developments are coming out of the transportation administration this month first up a new government report has painted the agency in a less than favorable light leading some like the washington times to go as far as to say that the t.s.a. is main concern isn't safety but self preservation now the crux of the argument is that the t.s.a. continually refuses to allow airports to hire private security screeners in order to move people through their own lines quicker also out this month the administration has agreed to contract the national. act of sorry excus
is headed off the fiscal cliff after talks broke down last night congress is headed home for christmas vacation so tonight it will shine a light on the one hundred twelfth congress one that's being called the worst ever . it's friday december twenty first five pm in washington d.c. i'm meghan lopez and you're watching our t.v. . well it's that time of the year again time to wrap up the christmas gifts have someone sit on the suitcase so you can get it closed and head to the airport to wait and...
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Nov 28, 2012
11/12
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host: we are talking about the so-called fiscal cliff talks happening in washington. if you want to follow along, we are starting a new page c- span.org/fiscalcliff, as well as a twitter feed. we are learning today that there are no face-to-face negotiations. republican leaders and president obama plan to take their arguments to the american people and directly and go on what many are calling a road show. republicans are planning to schedule event with small business owners across the country, arguing that if you did not extend tax cuts for the wealthiest americans, those making more than $250,000, it will hurt small businesses. is that true? guest: hurt is a subject of word. it will effect small businesses. it will reduce the after-tax increase -- income of 3% of small businesses. whether that hurts them is another question. it could mean between $5,000 and $20,000 less. owners might still be taking home $110,000 in income, and there is some money left over to reinvest. on the one hand, it could mean they could not hire an employee, by a new oven if they are a restau
host: we are talking about the so-called fiscal cliff talks happening in washington. if you want to follow along, we are starting a new page c- span.org/fiscalcliff, as well as a twitter feed. we are learning today that there are no face-to-face negotiations. republican leaders and president obama plan to take their arguments to the american people and directly and go on what many are calling a road show. republicans are planning to schedule event with small business owners across the country,...
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Dec 25, 2012
12/12
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but the lack of any fiscal cliff talks worried wall street. the dow jones industrial average lost more than 51 points to close at 13,139. the nasdaq fell eight points to close at 3012. those are some of the day's major stories. now, back to gwen. >> ifill: in egypt, although one side seems to have clearly won, citizens are still awaiting official results of the country's constitutional referendum. as the sun rose over cairo today, opposition activists vowed to hold their ground against the newly approved constitution. >> what we all need as constitution is express the demands of all egyptians. we are here to say that we need constitution for all of us. >> ifill: sunday leaders of the national salvation front warned the document would give too much way to islamic law and curb the rights of women and the christian minority. >> we are committed to continuing our collective peaceful struggle in order to bring down this constitution through legitimate means as soon as possible. because it's a constitution that is not worthy of egyptians. >> ifill:
but the lack of any fiscal cliff talks worried wall street. the dow jones industrial average lost more than 51 points to close at 13,139. the nasdaq fell eight points to close at 3012. those are some of the day's major stories. now, back to gwen. >> ifill: in egypt, although one side seems to have clearly won, citizens are still awaiting official results of the country's constitutional referendum. as the sun rose over cairo today, opposition activists vowed to hold their ground against...
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Nov 26, 2012
11/12
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cliff talks fail. are we seeing a white house not willing to lose this pr war no matter the outcome of the talks? >> i think you're seeing a gop that has yet to accept the election results, sort of negotiating with themselves about what they will and won't accept without acknowledging the polls you just cited and the other thing is a strong majority actually also wants a deal. they want a compromise, a balanced compromise. as the republicans are negotiating with themselves over here, the administration and the rest of america is kind of in another place and i think the administration rightly so and remember this was an issue when the president was first elected, there were questions about whether or not he would use the power of that database of people. i think it is a great thing and i hope he does it because i think it is important people you said outside of washington know the kinds of gains going on on capitol hill and the things this people voted for not being acted upon by republicans. >> as i wa
cliff talks fail. are we seeing a white house not willing to lose this pr war no matter the outcome of the talks? >> i think you're seeing a gop that has yet to accept the election results, sort of negotiating with themselves about what they will and won't accept without acknowledging the polls you just cited and the other thing is a strong majority actually also wants a deal. they want a compromise, a balanced compromise. as the republicans are negotiating with themselves over here, the...
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Dec 2, 2012
12/12
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there are no signs right now of a break in the deadlocked talks to avert the so-called fiscal cliff, the devastating combinations of tax increase and spending cuts that kick in january 1st. both sides seem to dig in this morning on the sunday talk shows. >> the only thing standing in the way of that would be a refusal by republicans that the rates would have to go up on the wealthiest americans, and i don't really see them doing it. >> right now, i would say we're nowhere, period, we're nowhere. >> that somber assessment today from house speaker john boehner, as geithner, the point man, went on all five sunday talk shows, cnbc, washington correspondent aman javers joining me live now. did geithner offer anything new today? >> he really didn't. he thinks the republicans are bluffing here and they are not prepared to go all the way to the mat here on behalf of tax cuts for the rich. they think at the white house they've got their republicans backed into a political corner here, and they are really pressing their advantage hard. you saw this sort of breathtaking offer by the president o
there are no signs right now of a break in the deadlocked talks to avert the so-called fiscal cliff, the devastating combinations of tax increase and spending cuts that kick in january 1st. both sides seem to dig in this morning on the sunday talk shows. >> the only thing standing in the way of that would be a refusal by republicans that the rates would have to go up on the wealthiest americans, and i don't really see them doing it. >> right now, i would say we're nowhere, period,...
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Dec 17, 2012
12/12
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it all comes back to the fiscal cliff talks as well. i've got to ask you because we're right at the source. i have the money meter. we'll force you to ppay along on scale of one to money, what do you think the odds we'll get a deal done on the fiscal cliff? >> i'm going with two. melissa: oh, really? even after -- >> going with two. i'm going to caveat that two. melissa: okay. >> in that, i think that republicans may get to the point where they just, you know, sign the tax deal. they do two bills. and they, they, move forward. john boehner could make a deal, but the trouble is, getting to 218 votes in his chamber in the house. i don't think he can get there. melissa: interesting. bret baier, we look forward to that report. thanks so much for sharing it. good stuff. >> sure. melissa: coming up tonight, coming up next on "money", shocking news that syrians are being starved by their own government. "money" gets to the bottom of what kind of aid will help the most there. >>> alaskan fisheries weren't hit by superstorm sandy, i don't think
it all comes back to the fiscal cliff talks as well. i've got to ask you because we're right at the source. i have the money meter. we'll force you to ppay along on scale of one to money, what do you think the odds we'll get a deal done on the fiscal cliff? >> i'm going with two. melissa: oh, really? even after -- >> going with two. i'm going to caveat that two. melissa: okay. >> in that, i think that republicans may get to the point where they just, you know, sign the tax...
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Dec 3, 2012
12/12
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the clock meanwhile keeps ticking an the point man the president's point man in fiscal cliff negotiations took to five sunday talk shows to make the administration's case. >>> we think that's a very good set of proposals that's what is good for the economy. if they have got different suggestions twhaent to go further in some areas they should lay it out to us. >> the president's plan called for $1.6 trillion in new taxes over the next decade mostly with the wealthy. those would be sure. less sure the promised spending cuts republicans say might never actually happen. the government takes more money through the tax hikes but spend more money. making the debt even higher. >> i am flabbergasted. i looked at him and said we can't be serious. we have put a serious offer on the table to put revenues up there to try to get the question resolved. the white house responded with virtually nothing. >> they have a plan republicans lack specific. one thing that appears to be a nonstarter is the white house proposal to give the president broad new authority to almost unilaterally raise the nation's deb
the clock meanwhile keeps ticking an the point man the president's point man in fiscal cliff negotiations took to five sunday talk shows to make the administration's case. >>> we think that's a very good set of proposals that's what is good for the economy. if they have got different suggestions twhaent to go further in some areas they should lay it out to us. >> the president's plan called for $1.6 trillion in new taxes over the next decade mostly with the wealthy. those would...
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Dec 17, 2012
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. >> investors continue to eye fiscal cliff talks. jane king is live with these stories and more. >> gun control advocates including democratic senator dianne feinstein have gun makers in their eye. they are down and smith and wesson are lower as both of stocks lost more than 4% as events unfolded we do have a higher open overall for markets this morning. in spite of weak numbers on manufacturing here in the new york area. optimism might be because president obama and house speaker appear to be getting closer on fiscal cliff talks. bloomberg index is trading up. we continue to watch apple shares. they did slip below 500 early this morning in the pre-market. citigroup says apple's asian suppliers have been posting lower orders for the iphone 5. can you see see and touch but hear and taste and smell things off the devices. this is your suit of artificial intelligence has been ongoing for years. they are taking a cognitive computing more seriously these days. i'm jane king, bloomberg news. >> we have a storm, not a very cold one. >> very
. >> investors continue to eye fiscal cliff talks. jane king is live with these stories and more. >> gun control advocates including democratic senator dianne feinstein have gun makers in their eye. they are down and smith and wesson are lower as both of stocks lost more than 4% as events unfolded we do have a higher open overall for markets this morning. in spite of weak numbers on manufacturing here in the new york area. optimism might be because president obama and house speaker...
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Dec 14, 2012
12/12
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into the guise getting resolution to the fiscal cliff. they're putting in place everything that would be contrary to what you're talking about. >> the bottom line is this. the republicans in congress are holding everything else hostage to immunize the top 2%. that's the bottom line here. at the end of the day all we're talking about is that going back to the clinton tax rates and if we want to actually invest in infrastructure, invest in education, invest in what will help this country grow out in an adoring way of our recession we actually have to spend funds that we no longer have right now. that means we have to raise some revenue. >> eliot: that revenue has to come from those who have it. those whose rates have been declining for the past 30 years and whose wealth has been increasing dramatically. >> in the last four years when the middle class and poor folk have taken it on the chin, the richest in our country have done extraordinarily well. so this is -- you know, our country is about both things. individual opportunity and collecti
into the guise getting resolution to the fiscal cliff. they're putting in place everything that would be contrary to what you're talking about. >> the bottom line is this. the republicans in congress are holding everything else hostage to immunize the top 2%. that's the bottom line here. at the end of the day all we're talking about is that going back to the clinton tax rates and if we want to actually invest in infrastructure, invest in education, invest in what will help this country...
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Dec 24, 2012
12/12
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stocks stumbled on wall street and talks stalled on the fiscal cliff. the dow dropped nearly 121 points on friday while the nasdaq fell 29. >>> as americans hit the road for holiday travel, they'll be paying let at the gas pump. according to aaa, the national average is about 3.25 cents a gallon for regular. that's down 16 cents from a month ago. >>> "the hobbit:an unexpected journey," took in $27 million. coming in second, $16 million. "this is it" took in $14 million. duarte? >> thank you, erica ferrari, here in new york. >>> in sports the seahawks put a damper on the 49ers' plan of winning the midwest. they have a field goal block. it's scooped up by the seahawks richard sherman who brings it back to 90 yards for a touchdown. seattle blows out san fran, 42-13. >>> and the baltimore ravens are the champions of the afc north. the ravens get on the board first with a touchdown grab by tore are smith. baltimore passes the giants for a 33-14 win. when we return, the holiday hit a high note. audiences around the world take part at an annual sing-a-long of
stocks stumbled on wall street and talks stalled on the fiscal cliff. the dow dropped nearly 121 points on friday while the nasdaq fell 29. >>> as americans hit the road for holiday travel, they'll be paying let at the gas pump. according to aaa, the national average is about 3.25 cents a gallon for regular. that's down 16 cents from a month ago. >>> "the hobbit:an unexpected journey," took in $27 million. coming in second, $16 million. "this is it" took in...
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Nov 27, 2012
11/12
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CNNW
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we're not talking about turkey. we're talking about the fiscal cliff. one of the urgent matters this lame duck congress needs to address before the end of the year and even though the tax increases are going to take effect in 36 days, there's still only talk of a compromise, so can congress actually walk the walk or are we going to go off this cliff? up next, mike lee of utah. really appreciate you taking the time. you wrote an op-ed in the washington times and said quote, delaying significant fiscal restraint will send the wrong signal and may serve as taping point for our economy. so you're fear is that interest rates could surge. to be father, we've had this disastrous situation for years and interest rates have kept falling in spite of all worries that there would be a disaster. >> that's right. that's one of the things that distinguishes the fiscal cliff, which we're coming up against right now. from what i described yesterday says the fiscal avalanche. we can see when the fiscal cliff is about to hit. the avalanche occurs when people stop buying u
we're not talking about turkey. we're talking about the fiscal cliff. one of the urgent matters this lame duck congress needs to address before the end of the year and even though the tax increases are going to take effect in 36 days, there's still only talk of a compromise, so can congress actually walk the walk or are we going to go off this cliff? up next, mike lee of utah. really appreciate you taking the time. you wrote an op-ed in the washington times and said quote, delaying significant...
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Nov 15, 2012
11/12
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you have the fiscal cliff talk, companies concerned about the fiscal clif and a slowing american consumer. all of these things working together here to be a problem for markets. speaking of the fiscal cliff. ceos that met with the president yesterday are saying they're optimistic about their 90-minute meeting and what they heard there. the honeywell ceo said this will get solved one way or another. you want to get it solve one way or another the best way possible for the american people, of course, and for consumers. walmart in a statement said they're concerned about their consumer. our customers they say are working hard to adapt to the new normal but their confidence is fraj. they're shopping for christmas now and they don't need uncertainty over tax increase. there was a great piece yesterday in "usa today" that i think shows what this cliff looks like. you're hearing a lot from insiders, beltway insiders that it's more like a slope, not a cliff. this is why it's called a cliff. these are the tax increases for the year, these are the spending cuts. you have an economy that has that mu
you have the fiscal cliff talk, companies concerned about the fiscal clif and a slowing american consumer. all of these things working together here to be a problem for markets. speaking of the fiscal cliff. ceos that met with the president yesterday are saying they're optimistic about their 90-minute meeting and what they heard there. the honeywell ceo said this will get solved one way or another. you want to get it solve one way or another the best way possible for the american people, of...
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Dec 21, 2012
12/12
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the latest on the fiscal cliff talks house of representatives fails to even the boat on a plan to keep taxes from rising on most americans come january 1st. it looks like it's out to the senate. house speaker died later conceded last night of the measure did not have submitted sufficient support from republicans to pass his so-called planned b. with the republican caucus on able to come together and the house and appears more likely that we are in fact going over the fiscal cliff and wall street with a sour reaction to the news. we will have more on that and a few moments. we'll be back as a kron4 morning news continues. >> keeping a close eye on wall street right now wall street is focusing on washington. house speaker john maynard could be garnering support to promote his plan for tax breaks for wealthier americans. there are concerns that the republican caucus will be able to come together to pass any kind of deal right now for the fiscal cliff. with that dow futures are tumbling in their off 182 points right now. consumer spending is out 0.4% personal income is also up 0.6%. wall s
the latest on the fiscal cliff talks house of representatives fails to even the boat on a plan to keep taxes from rising on most americans come january 1st. it looks like it's out to the senate. house speaker died later conceded last night of the measure did not have submitted sufficient support from republicans to pass his so-called planned b. with the republican caucus on able to come together and the house and appears more likely that we are in fact going over the fiscal cliff and wall...
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Nov 25, 2012
11/12
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can you gather what is talked about regarding the fiscal cliff? >> for what mary was saying, it really seemed like revenue was going to be a part of it. they are trying to stick from to the $250,000 threshold of the tax cuts. that is different from what happened in the 2010 lame-duck, when president obama compromised. it seems the approach is different this time. they're not going to cave on revenue. the republicans will really have to make some concessions on revenue in order for democrats to come to the table with any entitlement cuts at all. >> i thought she was very good at sticking to that talking point of prevent -- revenue and remaining firm. at the same time, i thought it was interesting that she never said the president assured us that ultimately he will not make these changes in entitlements. we talked about the cpi concept that was in the talks last year which cut social security benefits. we do not know ultimately what the president will do. he does not report to us. my sense is that they're kind of the bracing themselves for something
can you gather what is talked about regarding the fiscal cliff? >> for what mary was saying, it really seemed like revenue was going to be a part of it. they are trying to stick from to the $250,000 threshold of the tax cuts. that is different from what happened in the 2010 lame-duck, when president obama compromised. it seems the approach is different this time. they're not going to cave on revenue. the republicans will really have to make some concessions on revenue in order for...
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about the so-called fiscal cliff here was president obama taking the consequences of the election exceeding talking the consequences of the election on tax cuts for the rich. but this shouldn't be a surprise to anybody this was if there was one thing that everybody understood was a big difference between myself and mr romney it was when it comes to how we reduce our deficit i argued for a balanced responsible approach and part of that included making sure that the wealthiest americans pay a little bit more the majority of voters agreed with me the only question now is are we going to hold the middle class hostage in order to grow it. let that happen . the president has doubled his demand for revenue from last year asking for one point six trillion over ten years now here a lot of talk about a balanced approach democrats won big in last year's election and still control the white house and the senate on behalf of the voters house democratic candidates also want to half a million more congressional votes in the house republican candidates it looks like a mandate to me you know. isn't it safe
about the so-called fiscal cliff here was president obama taking the consequences of the election exceeding talking the consequences of the election on tax cuts for the rich. but this shouldn't be a surprise to anybody this was if there was one thing that everybody understood was a big difference between myself and mr romney it was when it comes to how we reduce our deficit i argued for a balanced responsible approach and part of that included making sure that the wealthiest americans pay a...